USD to PAB Exchange Rate History
Yearly and monthly average United States Dollar/Panamanian Balboa rates since 2021, with charts.
USD to PAB Chart
USD to PAB rate on a specific date
Pick any date back to 2021 to see that day’s mid-market rate. Weekends and holidays use the closest earlier trading day.
USD to PAB Rate by Year
Average, high and low mid-market rates for 1 United States Dollar in Panamanian Balboa, every year since 2021. Click a year for its monthly breakdown.
USD/PAB averaged 1.0000 PAB per USD in September 2026, unchanged from August. Across 2021–2026 the yearly average has been 1.0000 PAB per USD, and the biggest single-year move came in 2026, when the rate held steady.
| Year | Average | High | Low | Change |
|---|---|---|---|---|
| 2026 | 1.0000 | 1.0000 | 1.0000 | 0.00% |
| 2025 | 1.0000 | 1.0000 | 1.0000 | 0.00% |
| 2024 | 1.0000 | 1.0000 | 1.0000 | 0.00% |
| 2023 | 1.0000 | 1.0000 | 1.0000 | 0.00% |
| 2022 | 1.0000 | 1.0000 | 1.0000 | 0.00% |
| 2021 | 1.0000 | 1.0000 | 1.0000 | 0.00% |
Change compares each year’s closing rate with its opening rate. Source: daily mid-market rates. First and last years may be partial.
USD to PAB in 2026 by Month
Monthly average, high and low mid-market rates for 1 United States Dollar in Panamanian Balboa this year, newest first.
| Month | Average | High | Low |
|---|---|---|---|
| September 2026 | 1.0000 | 1.0000 | 1.0000 |
| August 2026 | 1.0000 | 1.0000 | 1.0000 |
| July 2026 | 1.0000 | 1.0000 | 1.0000 |
| June 2026 | 1.0000 | 1.0000 | 1.0000 |
| May 2026 | 1.0000 | 1.0000 | 1.0000 |
| April 2026 | 1.0000 | 1.0000 | 1.0000 |
| March 2026 | 1.0000 | 1.0000 | 1.0000 |
| February 2026 | 1.0000 | 1.0000 | 1.0000 |
| January 2026 | 1.0000 | 1.0000 | 1.0000 |
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USD/PAB history FAQ
When was the USD to PAB exchange rate at its highest?
Based on daily mid-market data since 2021, the USD/PAB rate peaked in 2021 at 1.0000 PAB per 1 USD. Its lowest point came in 2021, at 1.0000 PAB.
What was the average USD to PAB exchange rate in 2025?
In 2025, 1 USD was worth 1.0000 PAB on average, ranging between a low of 1.0000 and a high of 1.0000 PAB over the year.
How far back does this USD/PAB history go?
The chart and tables cover 2021 to 2026, built from daily mid-market rates. Yearly and monthly figures are averages, highs and lows of those daily mid-market rates.